Cabo Verde Capital Inc (CAPV)

[valeriana]

READ ME! Doesn't anyone do any valid research before jumping to wild conclusions...? Here's everything you really need to know about CAPV.

8k from 11/16 told us:

1) Company is focusing its attention on developing 2 specific property assets: "a vacation resort on the island of São Vicente and a 10ha block of land on the island of Sal

2) Subsequently, they have terminated agreements with other potential properties (releasing 246,750,000 shares back to the Company). Company then cancels these shares.

3) After share cancellation, OS now sits at 53,056,005, with roughly 27.6million attributed to insider/majority holders, making float ~ 25million.

4) Also, in order to lower future business costs, the company is being reincorporated back into Nevada, by a merger with and into Cabo Verde (Nevada), the wholly-owned subsidiary of Cabo Verde (Delaware). "The principal reason for reincorporation from Delaware to Nevada is to eliminate our obligation to pay the annual Delaware franchise tax which will result in significant savings to us in the future." So stop with the Pan Ocean stuff. Makes no sense.

You may ask yourself... why the share reduction? Why is the the company focusing it's attention on only 2 of its properties?

Maybe this can shed some light: http://finance.yahoo.com/news/cabo-verde-capital-inc-development-154800417.html

"Cabo Verde Capital Inc. (the "Company") (OTC Pink: CAPV) (CAPV), is very pleased to announce that it has entered into discussions with Hard Rock Hotels and Casinos to develop two locations in the Republic of Cabo Verde."

Oh gee, what a coincidence.... so in October, Hard Rock was interested in 2 of its properties, and now in November, CAPV cuts its OS drastically in order to focus its attention on 2 of its properties... now is it just me, or does the OS now look way more appealing for an acquisition from an outside company, say perhaps, Hard Rock Hotels??? Speculation of course, but makes perfect sense.

There, now you are up to speed on things.... Now go buy some shares for this dramatic climb.

Realistic price Estimations:
$32mil equity listed in last quarterly, and a OS now of 53million, should be technically be book price ~60 cents with new OS. But book value doesn't equal market price.. potential growth has to be factored in based on market feelings. I'd say short term target without any news 10-20 cents. Any Hard Rock news and this will go ballistic. Or it may just go ballistic anyways and pull a KBIO. Who knows.